ECONOMY

Oil prices on world markets

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $1.12 to trade at $47.05, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $0.46 to stand at $57.08.

The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) informed that, the price of a barrel of Azeri Light crude oil has dropped $0.08 to stand at $58.87 in the world markets.